Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Declines By 90.0%

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 300 shares, a decrease of 90.0% from the September 30th total of 3,000 shares. Based on an average daily volume of 24,900 shares, the short-interest ratio is currently 0.0 days.

Armanino Foods of Distinction Price Performance

OTCMKTS:AMNF opened at $6.81 on Friday. The firm’s 50-day moving average price is $5.90 and its 200-day moving average price is $5.69. The company has a market capitalization of $218.37 million, a PE ratio of 24.32 and a beta of 0.38. Armanino Foods of Distinction has a 1-year low of $4.35 and a 1-year high of $6.86.

Armanino Foods of Distinction (OTCMKTS:AMNF) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.13 earnings per share for the quarter. Armanino Foods of Distinction had a net margin of 16.76% and a return on equity of 36.81%. The business had revenue of $17.67 million for the quarter.

Armanino Foods of Distinction Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, October 25th. Investors of record on Monday, September 30th were given a dividend of $0.0363 per share. The ex-dividend date of this dividend was Monday, September 30th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is presently 50.00%.

About Armanino Foods of Distinction

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle.